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10 vital HR metrics to track for your business

Business Management Daily

Rigolizzo about what HR professionals need to know about this vital tool. Dr. Rigolizzo: Particularly within HR, data analytics is essential and not something HR has traditionally used as a key tool, but the use of data to make decisions is becoming commonplace, and therefore HR data analytics careers are in high demand.

COMPAS 59
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LaRocque: Why HR needs a strategy for evaluating tech startups, scaleups

HRExecutive

There has been a remarkable surge in both global spending and funding for HR technology in 2021. Sapient Insights reported in its latest HR Systems Survey that 2021 was up 57% over last year on the spending front. Global funding is even more jaw-dropping. HR needs some new tech to deliver on the future of work. Author George LaRocque.

COMPAS 103
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How HR Software Can Boost Your Compensation Strategy

Paycor

The tools you still have at your disposal, like merit increases and bonuses, have a big role to play keeping your workforce productive and engaged. Paycor’s Compensation Planning software reduces admin work and allows you to automate compensation events within one system, giving HR leaders the time they need to focus on the big picture.

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Employee Compensation: Everything you Need to Know

Astron Solutions

As an HR leader for your organization, you know that employee compensation is not just something you determine when you hire a new team member and then forget about. Since 1999, we at Astron Solutions have helped growing organizations, including businesses and nonprofits alike , streamline their HR strategies and better manage employees.

COMPAS 59
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OFCCP Compliance: Proactively Prepare for Compensation Audits

Trusaic

Total Rewards leaders and HR professionals should stay informed of changes to ensure compliance with OFCCP compensation audit requirements. It relates to ensuring technology based recruiting, screening and hiring procedures like artificial intelligence (AI) do not create barriers to equal employment opportunity.

COMPAS 130
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How to Use Compensation Analytics to Tell a Story

Compensation Today

Learn More About Our Compensation Software. First, gather all the information to support your story. As you can see, the job is scoped appropriately, we’re targeting the 75 th percentile and the market-ratios and compa-ratios for the people in the job are all high.”. What tools do you use to make communication easier?

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Ask Visier: How Do You Determine if Your Organization Pays Equitably?

Visier

But access to compensation—and D&I—data is needed to counter any anecdotal information or perceptions of the current state of pay equity in your organization. Then, you can look closer at the people in your workforce and use a compa-ratio calculation to indicate how close a person’s base pay is to the pay level midpoint for their role.

Visier 195